Canadian opposition led by supporter of bitcoin legalization

by in Cryptocurrency News


Over the past few years, the Canadian authorities have been considering options for the phased legalization of the cryptocurrency market.

Last summer, the country's central bank announced that it was impossible to ignore the blockchain industry. It has accumulated large capital and needs regulation.

In the political and business elite of Canada, the number of supporters of the introduction of a regulatory framework for this sector of the economy is growing.

Trending: Ethereum developer Afri Schoedon diagnosed with coronavirus

The leader of the opposition has recently become a supporter of the recognition of digital currencies as a means of payment, Pierre Poillièvre. He led the Conservative Party last Saturday, beating his main rival Jean Charest.

Poilièvre has been a member of the Conservative Party since 2003. He believes that bitcoin should be recognized as a means of paying for goods and services. In addition, Canada, according to the politician, should create the most comfortable conditions for blockchain startups.

The election of the head of the government of the country should be held in 2025. Recently, Pierre Poillevre called for a vote for him to make Canada a center for the development of the cryptocurrency industry.